vs
Forestar Group Inc.（FOR）与WORKIVA INC（WK）财务数据对比。点击上方公司名可切换其他公司
Forestar Group Inc.的季度营收约是WORKIVA INC的1.1倍（$273.0M vs $238.9M），Forestar Group Inc.净利率更高（5.6% vs 4.9%，领先0.7%），WORKIVA INC同比增速更快（19.5% vs 9.0%），WORKIVA INC自由现金流更多（$50.7M vs $-157.1M），过去两年WORKIVA INC的营收复合增速更高（16.6% vs -9.6%）
福雷斯特集团是一家住宅地块开发企业，总部位于得克萨斯州阿灵顿，业务覆盖美国21个州的51个市场。截至2020年12月31日的12个月内，该公司交付了11518块住宅地块，目前在纽约证券交易所上市，自2002年起就是美国规模最大的住宅建筑商D.R. Horton的控股子公司。
Workiva Inc.是一家全球知名的SaaS企业，主打云原生关联报告合规平台，支持关联数据调用与报告流程自动化，可广泛应用于财务、会计、风险及合规等多个业务场景，助力企业提升运营效率与合规管理水平。
FOR vs WK — 直观对比
营收规模更大
FOR
是对方的1.1倍
$238.9M
营收增速更快
WK
高出10.5%
9.0%
净利率更高
FOR
高出0.7%
4.9%
自由现金流更多
WK
多$207.8M
$-157.1M
两年增速更快
WK
近两年复合增速
-9.6%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $273.0M | $238.9M |
| 净利润 | $15.4M | $11.8M |
| 毛利率 | 20.1% | 80.7% |
| 营业利润率 | 7.6% | 3.3% |
| 净利率 | 5.6% | 4.9% |
| 营收同比 | 9.0% | 19.5% |
| 净利润同比 | -6.7% | 234.0% |
| 每股收益（稀释后） | $0.30 | $0.21 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收FORWK
| Q4 25 | $273.0M | $238.9M | ||
| Q3 25 | $670.5M | $224.2M | ||
| Q2 25 | $390.5M | $215.2M | ||
| Q1 25 | $351.0M | $206.3M | ||
| Q4 24 | $250.4M | $199.9M | ||
| Q3 24 | $551.3M | $185.6M | ||
| Q2 24 | $318.4M | $177.5M | ||
| Q1 24 | $333.8M | $175.7M |
净利润FORWK
| Q4 25 | $15.4M | $11.8M | ||
| Q3 25 | $86.9M | $2.8M | ||
| Q2 25 | $32.9M | $-19.4M | ||
| Q1 25 | $31.6M | $-21.4M | ||
| Q4 24 | $16.5M | $-8.8M | ||
| Q3 24 | $81.5M | $-17.0M | ||
| Q2 24 | $38.7M | $-17.5M | ||
| Q1 24 | $45.0M | $-11.7M |
毛利率FORWK
| Q4 25 | 20.1% | 80.7% | ||
| Q3 25 | 22.3% | 79.3% | ||
| Q2 25 | 20.4% | 77.0% | ||
| Q1 25 | 22.6% | 76.6% | ||
| Q4 24 | 22.0% | 77.1% | ||
| Q3 24 | 23.9% | 76.5% | ||
| Q2 24 | 22.5% | 76.8% | ||
| Q1 24 | 24.9% | 76.4% |
营业利润率FORWK
| Q4 25 | 7.6% | 3.3% | ||
| Q3 25 | 16.9% | -1.5% | ||
| Q2 25 | 11.2% | -10.3% | ||
| Q1 25 | 11.6% | -12.0% | ||
| Q4 24 | 8.7% | -6.7% | ||
| Q3 24 | 19.7% | -11.7% | ||
| Q2 24 | 16.2% | -13.0% | ||
| Q1 24 | 17.6% | -10.4% |
净利率FORWK
| Q4 25 | 5.6% | 4.9% | ||
| Q3 25 | 13.0% | 1.2% | ||
| Q2 25 | 8.4% | -9.0% | ||
| Q1 25 | 9.0% | -10.4% | ||
| Q4 24 | 6.6% | -4.4% | ||
| Q3 24 | 14.8% | -9.2% | ||
| Q2 24 | 12.2% | -9.9% | ||
| Q1 24 | 13.5% | -6.7% |
每股收益（稀释后）FORWK
| Q4 25 | $0.30 | $0.21 | ||
| Q3 25 | $1.70 | $0.05 | ||
| Q2 25 | $0.65 | $-0.35 | ||
| Q1 25 | $0.62 | $-0.38 | ||
| Q4 24 | $0.32 | $-0.15 | ||
| Q3 24 | $1.59 | $-0.31 | ||
| Q2 24 | $0.76 | $-0.32 | ||
| Q1 24 | $0.89 | $-0.21 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $211.7M | $338.8M |
| 总债务越低越好 | $793.2M | — |
| 股东权益账面价值 | $1.8B | $-5.4M |
| 总资产 | $3.2B | $1.5B |
| 负债/权益比越低杠杆越低 | 0.44× | — |
8季度趋势，按日历期对齐
现金及短期投资FORWK
| Q4 25 | $211.7M | $338.8M | ||
| Q3 25 | $379.2M | $315.9M | ||
| Q2 25 | $189.2M | $284.3M | ||
| Q1 25 | $174.3M | $242.0M | ||
| Q4 24 | $132.0M | $301.8M | ||
| Q3 24 | $481.2M | $248.2M | ||
| Q2 24 | $359.2M | $267.9M | ||
| Q1 24 | $416.2M | $296.1M |
总债务FORWK
| Q4 25 | $793.2M | — | ||
| Q3 25 | $802.7M | — | ||
| Q2 25 | $872.8M | — | ||
| Q1 25 | $872.5M | — | ||
| Q4 24 | $806.8M | — | ||
| Q3 24 | $706.4M | — | ||
| Q2 24 | $706.1M | — | ||
| Q1 24 | $705.7M | — |
股东权益FORWK
| Q4 25 | $1.8B | $-5.4M | ||
| Q3 25 | $1.8B | $-36.9M | ||
| Q2 25 | $1.7B | $-66.5M | ||
| Q1 25 | $1.6B | $-75.7M | ||
| Q4 24 | $1.6B | $-41.7M | ||
| Q3 24 | $1.6B | $-50.8M | ||
| Q2 24 | $1.5B | $-77.7M | ||
| Q1 24 | $1.5B | $-83.2M |
总资产FORWK
| Q4 25 | $3.2B | $1.5B | ||
| Q3 25 | $3.1B | $1.4B | ||
| Q2 25 | $3.1B | $1.3B | ||
| Q1 25 | $3.0B | $1.3B | ||
| Q4 24 | $3.0B | $1.4B | ||
| Q3 24 | $2.8B | $1.3B | ||
| Q2 24 | $2.7B | $1.2B | ||
| Q1 24 | $2.6B | $1.2B |
负债/权益比FORWK
| Q4 25 | 0.44× | — | ||
| Q3 25 | 0.45× | — | ||
| Q2 25 | 0.52× | — | ||
| Q1 25 | 0.53× | — | ||
| Q4 24 | 0.50× | — | ||
| Q3 24 | 0.44× | — | ||
| Q2 24 | 0.47× | — | ||
| Q1 24 | 0.48× | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $-157.0M | $51.0M |
| 自由现金流经营现金流 - 资本支出 | $-157.1M | $50.7M |
| 自由现金流率自由现金流/营收 | -57.5% | 21.2% |
| 资本支出强度资本支出/营收 | 0.0% | 0.1% |
| 现金转化率经营现金流/净利润 | -10.19× | 4.31× |
| 过去12个月自由现金流最近4个季度 | $93.0M | $138.0M |
8季度趋势，按日历期对齐
经营现金流FORWK
| Q4 25 | $-157.0M | $51.0M | ||
| Q3 25 | $256.3M | $46.2M | ||
| Q2 25 | $15.8M | $50.3M | ||
| Q1 25 | $-19.8M | $-7.4M | ||
| Q4 24 | $-450.0M | $44.0M | ||
| Q3 24 | $119.2M | $18.9M | ||
| Q2 24 | $-61.7M | $-14.0K | ||
| Q1 24 | $-59.2M | $24.8M |
自由现金流FORWK
| Q4 25 | $-157.1M | $50.7M | ||
| Q3 25 | $255.6M | $46.1M | ||
| Q2 25 | $15.0M | $49.3M | ||
| Q1 25 | $-20.5M | $-8.1M | ||
| Q4 24 | — | $43.2M | ||
| Q3 24 | $118.4M | $18.7M | ||
| Q2 24 | $-62.3M | $-122.0K | ||
| Q1 24 | $-59.8M | $24.6M |
自由现金流率FORWK
| Q4 25 | -57.5% | 21.2% | ||
| Q3 25 | 38.1% | 20.5% | ||
| Q2 25 | 3.8% | 22.9% | ||
| Q1 25 | -5.8% | -3.9% | ||
| Q4 24 | — | 21.6% | ||
| Q3 24 | 21.5% | 10.1% | ||
| Q2 24 | -19.6% | -0.1% | ||
| Q1 24 | -17.9% | 14.0% |
资本支出强度FORWK
| Q4 25 | 0.0% | 0.1% | ||
| Q3 25 | 0.1% | 0.0% | ||
| Q2 25 | 0.2% | 0.5% | ||
| Q1 25 | 0.2% | 0.4% | ||
| Q4 24 | 0.0% | 0.4% | ||
| Q3 24 | 0.1% | 0.1% | ||
| Q2 24 | 0.2% | 0.1% | ||
| Q1 24 | 0.2% | 0.1% |
现金转化率FORWK
| Q4 25 | -10.19× | 4.31× | ||
| Q3 25 | 2.95× | 16.57× | ||
| Q2 25 | 0.48× | — | ||
| Q1 25 | -0.63× | — | ||
| Q4 24 | -27.27× | — | ||
| Q3 24 | 1.46× | — | ||
| Q2 24 | -1.59× | — | ||
| Q1 24 | -1.32× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
FOR
| D.R.Horton Inc. | $183.8M | 67% |
| Other | $89.2M | 33% |
WK
| License And Service | $219.3M | 92% |
| XBRL Professional Services | $16.4M | 7% |
| Other Services | $3.2M | 1% |
